£759,433
This estimated value is based upon the latest sale price for the house of £445,000 on 7 Jul 2010. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
There have been two burglaries within the last year on or near Spring Road
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9 Arena Parade, Letchworth, SG6 3BY
Phone: 01462228759
| Price Paid | Date |
|---|---|
| £445,000 | 7 Jul 2010 |
| £206,000 | 6 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,785 sq feet |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in July 2010 the House Price Index for HERTFORDSHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £445,000 results in an estimated price of approximately £759,433.
| 7 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £445,000 | £314,433 | £759,433 |
The Postcode Pricing Model uses changes in average sales price within the SG6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 61.533 % | £273,820 | £718,820 |
| 3 Month Average | 83.712 % | £372,518 | £817,518 |
| 6 Month Average | 76.598 % | £340,861 | £785,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £680,000 | £680,000 | 46 BROADWATER AVENUE |
| 25 Mar 2024 | £855,646 | £842,500 | 120 WEST VIEW |
| 26 Oct 2023 | £580,177 | £567,000 | 25 PARKER CLOSE |
| 24 Oct 2023 | £569,945 | £557,000 | 27 PARKER CLOSE |
| 22 Sep 2023 | £603,299 | £590,000 | 14 PARKER CLOSE |
This house has a floor area of 165 sq meters or 1,785 sq feet when measured on 5 Apr 2010. Using an estimated price of £759,433 means this house is valued at £4,578 per sq meter (£425 per sq foot).
The average size of a house on BROADWATER AVENUE is 152 sq meters (1,642 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West View |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near West View |